Teads News
169 articles
Outbrain Completes Change of Corporate Name to Teads
Outbrain Inc. has rebranded to Teads Holding Co. following its acquisition of Teads in February 2025. The company will begin trading under the new ticker symbol TEAD on Nasdaq starting June 10, 2025. This rebranding marks a significant milestone, combining the strengths of both legacy companies into a comprehensive platform focused on delivering measurable outcomes for advertisers. Teads, now one of the largest platforms on the premium open internet, leverages predictive AI technology to enhance advertising effectiveness. The rebranding does not affect current stockholders, contracts, or operations, and no action is required by shareholders.
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Outbrain Inc (OB) Q1 2025 Earnings Call Highlights: Strong CTV Growth and Successful Merger ...
Outbrain Inc (NASDAQ:OB) reported strong financial performance in Q1, achieving its guidance for ex-tech gross profit and adjusted EBITDA. The successful integration of its merger with Teads has led to significant milestones and synergies, enhancing its media relationships and global inventory access. Despite a 7% year-over-year decline on a pro forma basis, the company experienced over 100% growth in CTV revenue. However, acquisition-related costs and restructuring charges negatively impacted free cash flow, and the company faces a significant amount of long-term debt. The macroeconomic environment has led to shortened planning and buying cycles for advertisers, but Outbrain sees this as an opportunity. The merger has improved the legacy Teads business and opened opportunities for cross-selling and gaining larger clients.
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Outbrain First Quarter 2025 Earnings: EPS Misses Expectations
Outbrain reported a revenue of $286.4 million for the trailing 12-month period, marking a 32% increase from the first quarter of 2024. However, the company also reported a net loss of $54.8 million, which widened by $49.8 million compared to the previous quarter. The earnings per share (EPS) missed analyst estimates significantly, with a loss of $0.70 per share. Despite the revenue being in line with estimates, the companys shares have decreased by 3.8% over the past week. Looking forward, Outbrains revenue is forecasted to grow at an average rate of 19% annually over the next three years, outpacing the 10% growth forecast for the Interactive Media and Services industry in the US.
Outbrain Announces First Quarter 2025 Results
Outbrain Inc., now operating under the Teads brand following its acquisition of Teads in February 2025, reported strong financial results for Q1 2025. Revenue increased by 32% year-over-year, and CTV revenues grew by over 100%. The acquisition of Teads was completed for approximately $900 million, with $625 million in cash and 43.75 million shares of Outbrain stock. The company expects to realize significant synergies, with $40 million in cost synergies anticipated for 2025. Outbrain has formed new strategic partnerships with companies like Ferrero and Philip Morris International, and its Moments vertical video offering continues to gain traction. The company is seeing strong adoption of its brandformance platform strategy among advertisers and media owners.
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Outbrain to Release First Quarter 2025 Financial Results on May 9, 2025
Outbrain Inc., now operating under the Teads brand, announced it will release its first quarter 2025 results on May 9, 2025. The company, which merged with Teads on February 3, 2025, is a leading omnichannel outcomes platform for the open internet, leveraging predictive AI technology to enhance advertising effectiveness. The merger has expanded its reach, partnering with over 10,000 publishers and 20,000 advertisers globally. The company is headquartered in New York and employs nearly 1,800 people across 36 countries. The announcement of the upcoming financial results and the merger with Teads is expected to have a growth-positive impact on the company.
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Teads Celebrates Major Milestone as CTV HomeScreen Powers 1,500 Campaigns
Teads has announced a significant milestone for its CTV HomeScreen, an immersive advertising platform that allows brands to reach audiences on smart TV home screens. Since its launch in 2023, the platform has run 1,500 campaigns globally for premium brands like Cartier, Nestlé, and Air France. Teads has expanded its CTV offering through exclusive partnerships with VIDAA US and LG Ad Solutions, covering 330 million TV screens worldwide. The platform enables advertisers to place high-impact native ads directly on smart TV home screens, maximizing visibility and engagement. This approach provides brands with premium, brand-safe placements that capture superior attention at the moment of content discovery.
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Is Outbrain Inc. (OB) the Best Under-the-Radar Stock to Buy Now?
The article discusses the potential of under-the-radar stocks like Outbrain Inc. (NASDAQ:OB) amidst the current market environment dominated by mega-cap tech stocks and volatility due to tariffs. Despite the market indices experiencing a decline from the U.S.-China trade war, some lesser-known stocks have shown resilience and significant growth potential. The article highlights the importance of exploring beyond traditional investments, as growth stocks have historically outperformed value stocks. The Federal Reserves interest rate cuts have created a favorable climate for emerging stocks, offering opportunities for retail and institutional investors. The article emphasizes the need to identify emerging companies with future market leadership potential before they attract institutional capital.
High Growth Tech Stocks In The US To Watch April 2025
Organogenesis Holdings Inc., a regenerative medicine company, has demonstrated significant growth potential in the biotech sector. The company focuses on advanced wound care and surgical products, generating substantial revenue from its regenerative medicine segment. In Q4, Organogenesis reported a notable increase in sales to $126.66 million, up from $99.65 million the previous year, and achieved a net income of $7.67 million, reversing a previous net loss. The companys annual sales rose to $482.04 million, marking a steady growth rate of 9.2% per year, surpassing the US market average. Despite current unprofitability and share price volatility, Organogenesis is projected to achieve profitability within three years, with expected earnings growth of 71.83% annually, indicating strong future prospects.
Pimco, TCW Snap Up Bonds Ditched by Multistrategy Hedge Funds
The article discusses how Pacific Investment Management Co., AllianceBernstein Holding LP, and TCW Group Inc. capitalized on market volatility by purchasing risky corporate bonds that hedge funds were forced to sell. Companies like New Fortress Energy Inc., Hertz Global Holdings Inc., and Outbrain Inc. saw their bond prices rebound after significant drops. The volatility was exacerbated by multistrategy hedge funds, which had to quickly offload bonds due to tight risk limits. This created a negative feedback loop, leading to further selloffs. The article highlights the challenges and opportunities in the corporate bond market amid geopolitical uncertainties.
Is Outbrain (OB) The High Growth Low Debt Stock to Invest in Now?
The article discusses the advantages of investing in high-growth, low-debt companies like Outbrain Inc. amidst current market volatility. It highlights the benefits of low debt levels, such as financial stability and operational flexibility, which allow companies to invest in growth opportunities without the constraints of significant debt obligations. The article emphasizes that companies with low debt have historically outperformed their high-debt counterparts, making them attractive to investors. This investment strategy is recommended by financial advisors focusing on quality stocks characterized by strong earnings and reliable management.
Outbrain Full Year 2024 Earnings: Misses Expectations
Outbrain reported a revenue of $889.9 million, a decrease of 4.9% from the previous fiscal year. The company experienced a net loss of $711,000, a significant decline from a $10.2 million profit in FY 2023. Earnings per share also fell short of expectations. The EMEA region was the primary revenue driver, contributing $541.4 million. Despite high costs of sales and significant sales and marketing expenses, Outbrains revenue is forecasted to grow by 20% annually over the next three years, outpacing the US Interactive Media and Services industry growth rate of 10%. However, the companys shares have dropped by 12% in the past week.
Outbrain Stock Plummets 39% in 3 Months: Should You Buy the Dip?
Outbrain Inc. has experienced a significant decline in its share price, dropping 39.2% over the past three months. Despite this, the company is expanding its global reach through strategic acquisitions and partnerships. The acquisition of Teads has bolstered Outbrains presence, adding over 50 joint business partnerships with major brands like Apple and McDonalds. The company is also renewing and securing new partnerships with publishers worldwide, enhancing its premium media assets. Outbrains AI-based Creative Automation suite is being utilized by over 70% of its customer base, optimizing customer engagement through predictive insights. The company plans to further leverage AI to enhance consumer experiences across various platforms.
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Bears are Losing Control Over Outbrain (OB), Here's Why It's a 'Buy' Now
Shares of Outbrain Inc. have been under pressure, losing 18.4% over the past week. However, a hammer chart pattern has emerged, suggesting potential support and a possible trend reversal. This technical pattern, often seen as a bullish signal, indicates that selling pressure may be subsiding. Additionally, Wall Street analysts have been revising earnings estimates upward for Outbrain, further supporting a positive outlook. The consensus EPS estimate for the current year has increased by 33.3% over the last 30 days, reflecting analysts confidence in the companys ability to outperform previous earnings predictions. While the hammer pattern is a positive indicator, it should be used alongside other bullish signals for a comprehensive analysis.
Outbrain Inc (OB) Q4 2024 Earnings Call Highlights: Navigating Revenue Challenges and Strategic ...
Outbrain Inc (NASDAQ:OB) has successfully closed its acquisition of Teads, aiming to enhance its capabilities in branding and performance across multiple channels. Despite achieving record free cash flow and meeting Q4 guidance for ex-TAC gross profit and adjusted EBITDA, the company faced a 5% decrease in revenue year over year. The acquisition of Teads is expected to generate significant synergies by 2026, but short-term disruptions and increased operating expenses due to integration costs are anticipated. The companys AI-driven prediction technology and creative automation suite are widely adopted, with over 70% of the customer base utilizing these tools. However, challenges such as downward pressure on ad impressions and volatility from a key partners new bidding technology have impacted growth.
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Outbrain Announces Fourth Quarter and Full Year 2024 Results
Outbrain Inc., now operating under the Teads brand, reported strong financial results for Q4 and the full year 2024, despite a slight decline in revenue. The company achieved growth in gross profit and adjusted EBITDA, and generated significant cash flow. Outbrain recently completed its acquisition of Teads in February 2025, creating a combined entity that aims to enhance branding and performance capabilities across digital and CTV media environments. The merger is expected to better serve enterprise brands, agencies, and advertisers, driving elevated outcomes. CEO David Kostman expressed optimism about the mergers potential to create one of the largest Open Internet platforms.
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Outbrain (OB) Q4 2024 Earnings Call Transcript
Outbrain recently completed its acquisition of Teads, merging two leaders in the Open Internet advertising space. The combined entity will operate under the Teads brand, leveraging Outbrains performance expertise and Teads video and branding capabilities. The merger aims to enhance advertising solutions across the marketing funnel, utilizing AI-driven prediction technology. Outbrain reported strong Q4 2024 financial results, with growth in gross profit and adjusted EBITDA. The company also announced headcount reductions as part of post-merger integration, expecting significant cost synergies. The new Teads plans to capitalize on its expanded capabilities and partnerships with major brands like Apple and McDonalds to drive future growth.
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Outbrain Stock Before Q4 Earnings: Smart Buy or a Risky Move?
Outbrain Inc. is set to report its fourth-quarter 2024 results on February 27, 2024. The company is expected to see a 7.1% revenue growth compared to the previous year, although the earnings per share are projected to break even, down from 9 cents per share a year ago. Outbrain has a strong history of earnings surprises, with an average surprise of 144.6% over the last four quarters. The company has renewed agreements with key publishing partners like Huffington Post and Meteo in France and secured new partnerships with Sports One Germany, Reuters, and Newsweek in Japan. These partnerships are expected to bolster Outbrains performance. Despite underperforming its industry, Outbrains stock has risen by 46.3% over the past year.
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Despite Fast-paced Momentum, Outbrain (OB) Is Still a Bargain Stock
The article discusses the momentum investing strategy and highlights Outbrain Inc. (OB) as a strong candidate for this approach. Momentum investing involves buying stocks that are already performing well, with the expectation that they will continue to rise. Outbrains stock has shown a 4.2% increase over the past four weeks and a 33.5% gain over the past 12 weeks, indicating strong momentum. The stocks beta of 1.4 suggests it moves 40% more than the market, and it has a Zacks Momentum Score of A. Additionally, upward revisions in earnings estimates have earned Outbrain a Zacks Rank #1 (Strong Buy), making it an attractive option for momentum investors.
Outbrain Announces Closing of New Senior Secured Notes Due 2030
Outbrain Inc., now operating under the Teads brand, announced the closing of a $637.5 million private offering of senior secured notes. The offering, which increased from an initial $625 million, will be used to repay a bridge facility used for the acquisition of Teads. The combined company, now known as Teads, is a leading advertising platform leveraging AI technology to deliver results for marketers across premium media. With partnerships with over 10,000 publishers and 20,000 advertisers globally, the company is poised for growth. The transaction is expected to enhance the companys financial flexibility and support its strategic initiatives.
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Outbrain to Release Fourth Quarter and Full Year 2024 Financial Results on February 27, 2025
Outbrain Inc., now operating under the Teads brand, announced the release of its fourth quarter and full year 2024 results on February 27, 2025. The company recently merged with Teads on February 3, 2025, forming a new omnichannel outcomes platform for the open internet. This merger aims to drive full-funnel results for marketers by leveraging predictive AI technology. The new Teads is partnered with over 10,000 publishers and 20,000 advertisers globally, marking a significant expansion in its operations. The company is headquartered in New York and employs nearly 1,800 people across 36 countries.
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Outbrain (OB) Surges 7.5%: Is This an Indication of Further Gains?
Outbrain Inc. experienced a 7.5% increase in its stock price, closing at $7.20, following its acquisition of Teads. This strategic move is anticipated to enhance Outbrains position in the open web advertising market, contributing to its growth prospects. The company is expected to report quarterly earnings of $0.12 per share, a 33.3% year-over-year increase, with revenues projected at $70 million, up 9.7% from the previous year. The stocks recent performance and positive earnings expectations have led to a Zacks Rank #1 (Strong Buy) rating. The acquisition is seen as a key driver of Outbrains recent gains and future growth potential.
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Outbrain (OB) and Brainsway (BWAY) Are Aggressive Growth Stocks
The article discusses two aggressive growth stock picks by Brian Bolan from Zacks Investment Research. Outbrain, a recommendation engine, and Brainsway, a medical products company, are both highlighted as strong buys with high Zacks Style Scores for growth. Brainsway specializes in Transcranial Magnetic Stimulation technology for treating major depressive disorder and obsessive-compulsive disorder. The article emphasizes the growth potential and valuation of these stocks, providing insights into their earnings history and projections. The focus is on identifying stocks with strong growth potential, making them attractive picks for investors.
The $625 million deal aims to save up to $75 million annually by 2026 through role reductions.
Outbrain has completed a $625 million merger with French digital advertising company Teads. The merger is expected to save up to $75 million annually by 2026 through the elimination of duplicate roles, resulting in the layoff of about 200 employees. The deal includes a cash payment, future payments, and convertible shares, giving Teads owner, Altice, a significant stake in the merged entity. The merged company, retaining the Teads brand, will have 2,000 employees and 20,000 advertisers, reaching 2 billion consumers monthly. Outbrains CEO, David Kostman, will lead the new company. The merger aims to strengthen Outbrains position in the video-based advertising market.
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Outbrain completes $900m acquisition of Teads, creating omnichannel outcomes platform
GDS Holdings (GDS) Moves 18.3% Higher: Will This Strength Last?
GDS Holdings experienced a significant increase in its stock price, rising by 18.3% to close at $25.68, driven by strong trading volume. This surge is attributed to the companys expansion of data center capacity to meet growing demand, which is strengthening its market position. Despite the expected quarterly loss of $0.23 per share, this represents a 62.9% improvement year-over-year. Revenue is projected to increase by 19.3% from the previous year, amounting to $429.72 million. The stocks performance is closely tied to trends in earnings estimate revisions, which have remained unchanged over the past 30 days. GDS Holdings is part of the Zacks Technology Services industry and currently holds a Zacks Rank #3 (Hold).
Outbrain Completes the Acquisition of Teads
Outbrain Inc. announced the completion of its acquisition of Teads, creating a unified omnichannel platform named Teads. This merger combines two leaders in the open internet space, aiming to optimize advertising outcomes across various screens, including CTV, mobile, and web. The new entity will leverage advanced AI technology to enhance advertiser outcomes through enriched contextual and interest data sets. The transaction, valued at approximately $900 million, includes $625 million in cash and 43.75 million Outbrain shares. The merger is expected to generate significant synergies and strengthen the companys market position. Outbrains CEO, David Kostman, will lead the combined company, with former Teads CEOs Jeremy Arditi and Bertrand Quesada taking on key executive roles.
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Outbrain Completes the Acquisition of Teads
Outbrain Inc. has completed its acquisition of Teads, creating a unified omnichannel platform for the open internet. The merger, valued at approximately $900 million, combines the strengths of both companies to optimize advertising outcomes across various digital platforms. The new entity, operating under the name Teads, aims to leverage advanced AI technology to enhance advertiser outcomes and provide a comprehensive solution for marketers. The merger is expected to generate significant synergies, with estimated annual savings of $65-75 million by 2026. Outbrain plans to finance the acquisition with existing cash and committed debt financing. The merger also involves management changes, with Outbrains CEO, David Kostman, leading the combined company.
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Outbrain-Teads $1 Billion Merger Deal Cleared by U.K. Antitrust Regulator
Outbrain, an online recommendation platform, has successfully completed a $1 billion merger with media company Teads. The merger was cleared by the U.K. antitrust regulator after a probe that began in December. This strategic move is expected to enhance Outbrains market position and growth prospects. The merger signifies a significant consolidation in the digital media and advertising industry, potentially offering expanded services and reach for both companies. The clearance by the regulator marks a positive development for Outbrain, allowing it to proceed with its growth strategy.
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Sidoti Events, LLC's Virtual January Micro-Cap Conference
Sidoti & Company, LLC, through its affiliate Sidoti Events, LLC, has announced the schedule for its January Micro-Cap Conference, set for January 22-23, 2025. Sidoti Events focuses on organizing conferences that cater to small and microcap companies, leveraging Sidotis extensive experience in independent securities research. Sidoti covers approximately 150 equities, with a significant portion participating in its Company Sponsored Research program. In 2024, Sidoti launched Lighthouse Equity Research to address the needs of companies facing challenges in obtaining traditional coverage. Sidoti Events benefits from Sidotis connections with 2,500 institutional relationships, providing platforms for interaction between small and microcap issuers and investors.
Outbrain Stock Skyrockets 63% in a Year: How Should Investors Play It?
Outbrain Inc. has experienced a 63% surge in its share price over the past year, outperforming its industry peers. The company is focusing on strengthening its partnerships with premium media owners, renewing agreements with key partners like Huffington Post and Meteo, and securing new partnerships with Sports one Germany, Reuters, and Newsweek in Japan. Outbrain is integrating AI into its offerings, enhancing its creative automation suite to improve ad performance. The company has expanded its collaboration with Microsoft Azure to integrate Azure OpenAI solutions, aiming to enhance its creative solutions. Revenue estimates for 2024 and 2025 suggest significant growth, with earnings expected to turn positive in 2024.
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Outbrain (OB) Is Attractively Priced Despite Fast-paced Momentum
The article discusses the concept of momentum investing, which involves buying stocks that are already performing well with the expectation that they will continue to do so. Outbrain Inc. (OB) is highlighted as a strong candidate for this investment strategy due to its recent price momentum and positive earnings estimate revisions. The stock has seen a significant price increase of 41.5% over the past four weeks and 58.3% over the past 12 weeks, indicating strong investor interest. With a beta of 1.57, OB is considered a fast-paced momentum stock. The company has a Momentum Score of B and a Zacks Rank #1 (Strong Buy), suggesting it is a good time to invest in OB to capitalize on its momentum.
Byrna Technologies Inc. (BYRN) Hit a 52 Week High, Can the Run Continue?
Byrna Technologies Inc. has experienced a significant increase in its stock performance, with shares rising 26.9% over the past month and reaching a new 52-week high. The company has shown strong earnings performance, consistently surpassing earnings estimates over the last four quarters. In its latest earnings report on October 9, 2024, Byrna reported an EPS of $0.04, beating the consensus estimate. Despite its high valuation metrics, Byrnas stock is considered a buy due to its favorable Zacks Rank and Style Scores. The companys Growth and Momentum Scores are high, suggesting potential for further stock appreciation.
Fast-paced Momentum Stock Outbrain (OB) Is Still Trading at a Bargain
The article discusses the concept of momentum investing, which involves buying stocks that are already performing well with the expectation that they will continue to rise. Outbrain Inc. (OB) is highlighted as a strong candidate for this investment strategy due to its recent price momentum and favorable Zacks Momentum Style Score. The stock has experienced a 23.8% increase over the past four weeks and a 29.8% increase over the past 12 weeks. Additionally, OB has a beta of 1.57, indicating it moves significantly with market changes. The upward trend in earnings estimate revisions has earned OB a Zacks Rank #1 (Strong Buy), suggesting a high probability of continued success.
Outbrain Shareholders Vote to Support Teads Acquisition
Outbrain Inc. announced that its shareholders have approved the issuance of 35 million shares of common stock and 10.5 million Series A Convertible Preferred Shares for the acquisition of Teads S.A. This approval marks a significant step towards combining the two companies, with the transaction expected to close in the first quarter of 2025, pending regulatory approvals. The acquisition aims to enhance Outbrains position as a global leader in the Open Internet by delivering comprehensive solutions for brands and media owners. The shareholder vote saw over 99% approval, highlighting strong support for the merger. The transaction is subject to customary closing conditions, and the final voting results will be filed with the SEC.
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Is Outbrain (OB) Outperforming Other Business Services Stocks This Year?
Outbrain Inc., a member of the Business Services sector, has shown impressive year-to-date returns of 36.1%, outperforming the sectors average of 25.6%. The company currently holds a Zacks Rank of #1 (Strong Buy), with its full-year earnings estimate increasing by 220% in the past quarter, indicating positive analyst sentiment. Despite slightly underperforming its Technology Services industry, which gained an average of 59.3% this year, Outbrains performance remains strong. Another notable performer in the Business Services sector is Genpact, with a year-to-date return of 31.5% and a Zacks Rank #2 (Buy). Investors are advised to keep an eye on these stocks for potential growth opportunities.
Why Outbrain Inc. (OB) Is One of the Best AdTech Stocks to Buy?
The article discusses the current trends and future growth prospects in the AdTech industry, highlighting Outbrain Inc. as a notable player. The global AdTech market is projected to grow significantly, driven by AI-driven personalization, privacy-centric advertising, and the dominance of video and mobile advertising. Programmatic advertising is expanding into new digital channels, including CTV and audio formats. The article emphasizes the importance of blockchain technology in ensuring transparency and reducing ad fraud. Overall, the trends suggest a positive growth outlook for AI-oriented AdTech companies like Outbrain Inc., as they continue to innovate and adapt to the evolving market demands.
Do Options Traders Know Something About Outbrain (OB) Stock We Don't?
The article discusses the recent high implied volatility in the options market for Outbrain Inc., indicating potential significant stock movement. Despite being a Zacks Rank #1 (Strong Buy) in the Technology Services industry, the companys earnings estimates have been revised downward by one analyst, from 13 cents to 12 cents per share for the current quarter. This suggests a growth-negative impact. Options traders are eyeing this volatility to sell premium, a strategy that benefits from less movement than expected. The article also highlights Zacks Investment Researchs approach to trading and offers a free stock analysis report for Outbrain.
Why Fast-paced Mover Outbrain (OB) Is a Great Choice for Value Investors
The article discusses the concept of momentum investing, which involves buying stocks that are already performing well with the expectation that they will continue to rise. Outbrain Inc. (OB) is highlighted as a strong candidate for this investment strategy due to its recent price momentum and favorable Zacks Momentum Style Score. The stock has seen a 17.5% increase over four weeks and a 1% gain over 12 weeks, with a beta of 1.46, indicating higher volatility compared to the market. Additionally, upward earnings estimate revisions have earned OB a Zacks Rank #1 (Strong Buy), suggesting a high probability of continued success. The article emphasizes the importance of timing and selecting stocks with strong momentum indicators.
We Like Outbrain's (NASDAQ:OB) Earnings For More Than Just Statutory Profit
Outbrain Inc. recently released a strong earnings report, showing a significant improvement in free cash flow to US$35 million compared to a reported profit of US$3.51 million. However, the analysis highlights concerns about the sustainability of these profits due to a high accrual ratio and the impact of unusual items worth US$7 million. The accrual ratio, which measures the difference between free cash flow and net profit, is negative at -0.24, indicating that statutory earnings are less than free cash flow. The report suggests caution as the unusual items have significantly boosted the companys statutory profit, raising questions about future profitability.
CoreCard Corporation (CCRD) Soars to 52-Week High, Time to Cash Out?
CoreCard Corporations stock has seen significant growth, rising 43% over the past month and reaching a new 52-week high. The company has consistently surpassed earnings expectations, with its latest report showing an EPS of $0.3, beating the consensus estimate. For the current fiscal year, CoreCard is expected to post earnings of $0.61 per share on $55.98 million in revenues, with further growth anticipated next year. Despite its strong performance, the stock trades at a premium compared to its peers. CoreCards Zacks Rank of #1 (Strong Buy) reflects rising earnings estimates, indicating a positive outlook for the company.
Outbrain Inc (OB) Q3 2024 Earnings Call Highlights: Navigating Revenue Challenges with ...
Outbrain Inc reported a mixed financial performance for Q3 2024. While the company achieved a 5% increase in Ex-TAC gross profit and a 12% growth in adjusted EBITDA, total revenue decreased by 3% year over year. The company maintained positive free cash flow for the fifth consecutive quarter and saw a significant 60% increase in advertising spend on its DSP platform. Despite these positives, Outbrain faced challenges such as increased operating expenses due to one-time costs and a slower start to Q4, particularly in the US market. The company renewed agreements with key publishing partners and secured new partnerships, but faced volatility due to a key partners transition to new bidding technology. The launch of a new product, Moments, showed early signs of high audience engagement.
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3 Promising US Penny Stocks With At Least $100M Market Cap
The article discusses the potential of penny stocks in the current market environment, highlighting Harvard Bioscience, Inc. as a noteworthy example. Despite being unprofitable with increasing losses over the past five years, the company shows financial stability through positive free cash flow and a substantial cash runway. Harvard Biosciences short-term assets exceed its liabilities, and recent product innovations like the Mesh MEA™ platform could enhance future revenue streams. However, shareholder dilution remains a concern. The article suggests that while penny stocks are often overlooked, they can offer significant growth potential when backed by strong financial health and solid fundamentals.
Outbrain Inc. (OB) Beats Q3 Earnings Estimates
Outbrain Inc. reported quarterly earnings of $0.11 per share, surpassing the Zacks Consensus Estimate of $0.02 per share, marking an earnings surprise of 450%. This is a significant improvement from the previous years earnings of $0.01 per share. Despite missing the revenue estimate of $59.69 million by 1.45%, the company has consistently surpassed consensus EPS estimates in three of the last four quarters. Outbrains stock has increased by 8.7% since the start of the year, although it has underperformed compared to the S&P 500s 24.3% gain. The companys future performance will largely depend on managements commentary and earnings outlook. The current Zacks Rank for Outbrain is #3 (Hold), indicating expected performance in line with the market.
Outbrain (OB) Q3 2024 Earnings Call Transcript
Outbrains Q3 2024 earnings call highlighted positive financial performance, with the company exceeding its adjusted EBITDA guidance and generating positive free cash flow for the fifth consecutive quarter. The company is on track to close its acquisition by Teads in Q1 2025, having cleared necessary regulatory reviews. Outbrain has been expanding its partnerships, renewing agreements with key publishers like Washington Post and securing new partnerships with Sport1 in Germany and Reuters in Japan. The company is also focusing on AI integration to enhance its performance and creative offerings. The launch of Moments by Outbrain in beta aims to bring social media experiences to the open internet, showing early signs of high audience engagement.
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Outbrain Announces Third Quarter 2024 Results
Outbrain Inc. reported strong financial results for the third quarter of 2024, achieving its guidance on Ex-TAC gross profit and exceeding expectations for Adjusted EBITDA. The company demonstrated improved margins and profitability, generating positive cash flow for the fifth consecutive quarter. Outbrain increased its outlook for Adjusted EBITDA for FY 2024. The company also announced the beta launch of Moments, a new interactive media experience, and highlighted continued growth in advertiser spend, particularly on its DSP platform. Outbrain plans to complete the acquisition of Teads in Q1 2025, which is expected to enhance its value proposition for the Open Internet. The company secured competitive wins and renewals with several premium media partners.
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Outbrain Deepens Collaboration with Microsoft – Integrates AI Solutions into Its Offerings
Outbrain Inc., a leading technology platform, announced an expansion of its collaboration with Microsoft, leveraging Microsoft Azures cloud platform to enhance its advertising offerings. This partnership will see Outbrain scaling its operations in North America and integrating generative AI solutions to provide advanced services to its customers. The collaboration aims to deliver more relevant content and better advertising solutions, enhancing return on ad spend. Outbrains platform, which serves a billion users globally, will benefit from the flexibility and innovation offered by Azure. This move is expected to drive mutual growth and innovation, particularly in the generative AI space, benefiting Outbrains global customer base.
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Institutions own 36% of Outbrain Inc. (NASDAQ:OB) shares but individual investors control 40% of the company
The article discusses the ownership structure of Outbrain Inc., highlighting that individual investors hold a significant 40% stake in the company, giving them substantial influence over management and business strategy. Institutions own 36% of the companys stock, suggesting some level of credibility among professional investors. Viola Ventures is the largest shareholder with 13% of shares, followed by Yaron Galai and CEO David Kostman, who hold 7.1% and 1.4% respectively. The top 16 shareholders collectively own 50% of the company, indicating no single majority shareholder. The article emphasizes the importance of understanding shareholder composition and analyst recommendations for assessing the companys future performance.
Outbrain to Release Third Quarter 2024 Financial Results on November 7, 2024
Outbrain Inc., a leading technology platform, announced that it will release its third quarter 2024 financial results on November 7, 2024. The announcement will be followed by a conference call to discuss the companys results and business outlook. The call will be accessible via phone and webcast, with a replay available until November 21, 2024. Outbrain, which uses AI and machine learning to drive engagement for advertisers and publishers, operates globally across more than 8,000 online properties. The company is headquartered in New York and has offices in Israel, the United States, Europe, Asia-Pacific, and South America.
Outbrain Inc (OB) Q2 2024 Earnings Call Highlights: Strong Financial Performance Amid Revenue ...
Outbrain Inc announced a transformative merger with Teads, positioning itself as one of the largest Open Internet advertising platforms. The company reported strong financial performance in Q2 2024, with ex-TAC gross profit of $56 million and adjusted EBITDA of $7.4 million, exceeding guidance. Despite a 5% decrease in revenue year over year, Outbrain achieved positive free cash flow for the fourth consecutive quarter and launched a new AI-driven targeting solution. The merger is expected to enhance Outbrains capabilities, offering a full-funnel solution to advertisers. Challenges include maintaining existing partnerships and low pricing impacting advertising demand.
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Outbrain Launches “Moments”: A Next-Generation Immersive Video Experience for the Open Internet
Outbrain Inc. has announced the beta launch of Moments by Outbrain, a new immersive content format that brings full-screen vertical video browsing to the open internet. This innovation aims to enhance user engagement by transforming static articles into engaging video feeds, similar to social media platforms. The product is currently being tested with partners like Fortune and Axel Springer, and it is expected to provide new opportunities for advertisers and publishers to engage audiences and drive revenue growth. The launch of Moments is seen as a positive development for Outbrain, offering a new channel for growth and engagement. The global launch is planned for 2025.
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Outbrain announces repurchase of remaining 2.95% Convertible Senior Notes due 2026
Outbrain Inc. announced the repurchase of the remaining $118 million in Convertible Senior Notes due 2026 from Baupost Group Securities, L.L.C. at a discount, resulting in a pre-tax gain of approximately $8.8 million. This transaction leaves Outbrain with no remaining debt and a cash balance of approximately $128 million. The repurchase is part of Outbrains strategy to strengthen its balance sheet in anticipation of the Teads acquisition. The company believes this move will support future growth by maintaining ample liquidity.
InvestmentAcquisition
Prediction: 2 Stocks That Will Be Worth More Than BlackBerry 5 Years From Now
BlackBerry Limited, once a major player in the smartphone market, has seen a significant decline in its market value and sales. The companys market cap has dropped from $83 billion to $1.4 billion, with a 66% decrease in stock value over the past five years. Despite efforts to refocus on cybersecurity and connected-car software, BlackBerrys future remains uncertain. In contrast, smaller tech companies like Outbrain and BigBear.ai are showing potential for growth. BigBear.ai, with a market cap of $413 million, is gaining traction with significant contracts, while Outbrain, valued at $252 million, is set to acquire Teads for $1 billion, aiming for substantial growth by 2029.
Customers
Outbrain Second Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag
Outbrain has reported its Q2 2024 results, showing a revenue of $214.1m, down 5.2% from Q2 2023. The company also reported a net loss of $2.20m, a significant drop from the $11.3m profit in Q2 2023. EPS also fell, from a profit of $0.22 in Q2 2023 to a loss of $0.045. The companys revenue missed analyst estimates by 6.4%, but EPS exceeded estimates by 34%. Looking ahead, Outbrains revenue is forecast to grow 6.3% p.a. on average over the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in the US.
CustomersPublic Trading
Should You Investigate Outbrain Inc. (NASDAQ:OB) At US$4.86?
Outbrain Inc. has seen a significant increase in its share prices over the past few weeks. Despite this, the companys stock is still considered undervalued, with its intrinsic value estimated at $6.73, while it is currently trading at $4.86. The companys earnings are expected to increase by 26% over the next few years, indicating a promising future. This growth, however, does not seem to be fully reflected in the current share price, suggesting that now might be a good time to invest in the company.
Investment
Outbrain (OB) Q2 2024 Earnings Call Transcript
Outbrain has reported its Q2 2024 earnings, revealing a gross profit of $56 million and an adjusted EBITDA of $7.4 million. The company also announced its definitive agreement to acquire Teads, a move that is expected to significantly boost its financial profile and growth opportunities. The merger will create one of the largest open internet advertising platforms, offering a full-funnel platform for the open internet. The deal is expected to close by Q1 2025. Outbrain also reported positive trends in its core business and growth drivers, and announced new partnerships.
AcquisitionManagement Changes
Outbrain Announces Second Quarter 2024 Results
Outbrain Inc. has reported strong Q2 2024 results, achieving high-end guidance on Ex TAC gross profit, beating on Adjusted EBITDA, improving margins and profitability, and generating positive cash flow for the 4th consecutive quarter. The company also announced that it has agreed to merge with Teads, a leader in omnichannel video, in a transformative transaction that is expected to create one of the largest end-to-end full funnel platforms for the Open Internet. The transaction, valued at approximately $1 billion, is expected to be completed in the first quarter of 2025.
AcquisitionManagement Changes
Outbrain Inc. (OB) Reports Break-Even Earnings for Q2
Outbrain Inc. reported break-even quarterly earnings per share, beating the Zacks Consensus Estimate of a loss of $0.06. This is an improvement from a loss of $0.08 per share a year ago. The company, which belongs to the Zacks Technology Services industry, posted revenues of $55.96 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.19%. This compares to year-ago revenues of $54.58 million. Outbrain shares have added about 10.5% since the beginning of the year.
Customers
Is ICF International (ICFI) Stock Outpacing Its Business Services Peers This Year?
ICF International is outperforming its peers in the Business Services sector, according to Zacks Investment Research. The companys year-to-date performance has been strong, with a return of about 14.5% since the start of the year, compared to an average return of 4.5% for other companies in the sector. The Zacks Consensus Estimate for ICFIs full-year earnings has moved 4.7% higher over the past 90 days, indicating improved analyst sentiment and a stronger earnings outlook. The company currently has a Zacks Rank of #2 (Buy).
Customers
Outbrain acquires Teads for $1B to form new open-web advertising heavyweight
Content-recommendation firm Outbrain is acquiring digital video and connected TV (CTV) specialist Teads for $1 billion. The deal will create a new independent, end-to-end advertising platform, combining the performance focus of Outbrain with Teads’ specialty in digital video and CTV. The new entity will cover over 50 markets and reach more than 2 billion consumers per month. The acquisition comes as advertisers are seeking alternatives to digital advertising’s established duopoly. The transaction is expected to close in Q1 2025.
Acquisition
Category Leaders Outbrain and Teads to Merge, Creating an Independent End-to-End Advertising Platform for the Open Internet
Outbrain Inc. has announced its acquisition of Teads in a deal worth approximately $1 billion. The transaction will consist of $725 million upfront cash, $25 million deferred cash, 35 million shares of common stock of Outbrain, and $105 million of convertible preferred equity. The merger will create one of the largest open internet advertising platforms, with the ability to drive outcomes for awareness, consideration, and performance objectives across CTV, web and mobile apps. The combined platform will cover 50+ markets and reach over 2 billion consumers per month. The transaction is expected to be completed in the first quarter of 2025.
AcquisitionInvestment
Skillsoft (SKIL) Soars 18.0%: Is Further Upside Left in the Stock?
Shares of Skillsoft Corp. surged 18% in the last trading session, closing at $18.01. The increase is attributed to a higher volume of shares being traded than usual, and the companys strong position in the enterprise learning market. Skillsoft has also benefited from growth in the Asia markets and customer wins and expansions. The company is expected to post a quarterly loss of $3.06 per share in its upcoming report, a year-over-year change of +15%. Revenues are expected to be $131.39 million, down 6.9% from the year-ago quarter.
CustomersExpand
Outbrain to Release Second Quarter 2024 Financial Results on August 8, 2024
Outbrain Inc. has announced that it will release its second quarter 2024 results before the market opens on Thursday, August 8, 2024. The company will also hold a conference call on the same day to discuss the results and the companys business outlook. The call can be accessed live over the phone, and a replay will be available two hours after the call. Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the Investor Relations section of the Company’s website.
Public Trading
Are Business Services Stocks Lagging KornFerry International (KFY) This Year?
Korn/Ferry, a company in the Business Services sector, is outperforming its peers with a year-to-date return of 11.4%, compared to the sectors average of 5.8%. The companys full-year earnings consensus estimate has also moved 3% higher within the past quarter, indicating a stronger analyst sentiment and improving earnings outlook. Korn/Ferry currently has a Zacks Rank of #2 (Buy). Another company in the sector, Outbrain Inc., has also outperformed the sector with a year-to-date return of 5.9%.
Investment
Fast-Growing Oil Brokerage Ltd. Announces Athens Expansion Following Successful Posidonia Debut
Oil Brokerage Ltd. (OB), part of the OTC Global Holdings portfolio, is expanding its offices into Athens following a successful debut at the Posidonia maritime exhibition. This move is part of OBs growth strategy in the shipbroking industry. The Athens office will focus on the sale and purchase of tankers, aiming to tap into the Greek community, which includes some of the largest ship owners in the world. OB has also recently opened larger offices in London, Singapore, Geneva, and Dubai, encompassing all product lines.
Expand
Outbrain (OB) Upgraded to Strong Buy: What Does It Mean for the Stock?
Outbrain Inc. has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting an upward trend in earnings estimates, one of the most powerful forces impacting stock prices. The Zacks rating system tracks the consensus of EPS estimates from sell-side analysts covering the stock for the current and following years. The rating upgrade for Outbrain is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. The company is expected to earn $0.01 per share for the fiscal year ending December 2024, which represents a year-over-year change of 112.5%.
Investment
Outbrain Names Greg Archibald as GM & SVP of Sales, US
Outbrain, a leading technology platform, has announced the appointment of Greg Archibald as General Manager & Senior Vice President of Sales for the United States. Archibald will oversee all agency and brand demand functions in the US, focusing on driving revenue, adoption, and retention of Outbrains high-impact performance advertising solutions. Archibald brings over two decades of experience leading high-performing sales teams for companies including Criteo, Yahoo, and InMobi. His strategic mindset, customer-centric approach, and proven track record make him well-positioned to expand Outbrains presence across the US marketplace.
Management ChangesExpand
Is Booz Allen Hamilton (BAH) Stock Outpacing Its Business Services Peers This Year?
Booz Allen Hamilton (BAH) is outperforming the Business Services sector with a year-to-date return of 18.6%, compared to the sectors average of 3.8%. The companys full-year earnings consensus estimate has also increased by 3.7% over the past quarter, indicating an improved sentiment and stronger earnings outlook. BAH is currently ranked #2 (Buy) in the Zacks Rank, a model that identifies stocks with potential to outperform the market in the next one to three months. Another Business Services stock, Outbrain Inc., has also outperformed the sector with a year-to-date return of 8%.
Investment
Outbrain (OB) Is Attractively Priced Despite Fast-paced Momentum
Outbrain Inc. (OB) is identified as a promising investment opportunity due to its recent price momentum and reasonable valuation. The companys stock has seen a four-week price change of 15.1% and a 12-week gain of 38.6%. The stocks beta of 1.37 indicates it moves 37% higher than the market in either direction. Despite these fast-paced momentum features, OB is trading at a reasonable valuation with a Price-to-Sales ratio of 0.26. The company also has a favorable Momentum Score and an upward trend in earnings estimate revisions.
Investment
Outbrain Inc. (NASDAQ:OB) Q1 2024 Earnings Call Transcript
Outbrain Inc. has reported its Q1 2024 earnings, with a gross profit of $52.2 million and adjusted EBITDA of $1.4 million. The company also generated a positive free cash flow of $4.6 million. Outbrain is aiming to become one of the largest gateways to the open internet for advertisers, with the open internet estimated to be a $100 billion advertising opportunity. The companys CEO, David Kostman, and CFO, Jason Kiviat, discussed the companys progress and strategic direction, including expanding its share of wallet with advertisers and growing its premium publisher partnerships.
Management Changes
Outbrain Inc (OB) Q1 2024 Earnings: Navigating Challenges with Strategic Gains
Outbrain Inc reported its Q1 2024 financial results, showing a 6% YoY decrease in revenue to $217.0 million, falling short of estimates. However, the companys net loss improved to $5.0 million from $5.6 million, and gross margin increased to 19.2% from 17.8%, indicating improved profitability. The company also reported positive free cash flow of $4.6 million, a significant improvement from a cash use of $27.1 million in the prior year. Despite the revenue decrease, Outbrains strategic investments and cost management initiatives appear to be aligning with its long-term financial targets.
Customers
Outbrain (OB) Q1 2024 Earnings Call Transcript
Outbrain, a leading online advertising platform, held its Q1 2024 earnings call on May 9, 2024. The company reported a gross profit of $52.2 million, exceeding its adjusted EBITDA guidance with a reporting of $1.4 million. Outbrains CEO, David Kostman, highlighted the companys strategic direction and progress, emphasizing its journey to becoming one of the largest gateways to the open internet for advertisers. The company is focusing on expanding its share of wallet with advertisers, brands, and agencies, and performance advertisers. It also plans to expand its supply footprint and grow its premium publisher partnerships.
CustomersPartnersManagement ChangesExpand
Outbrain Inc. (NASDAQ:OB) Shares Could Be 24% Below Their Intrinsic Value Estimate
Outbrain Inc.s estimated fair value is US$6.02 based on a 2 Stage Free Cash Flow to Equity model. The current share price of US$4.55 suggests Outbrain is potentially 24% undervalued. The fair value estimate is 20% higher than Outbrains analyst price target of US$5.02. The valuation method used to estimate the attractiveness of Outbrain as an investment opportunity involves taking the forecast future cash flows of the company and discounting them back to todays value. The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is US$295m.
Investment
Outbrain Inc. (OB) Reports Q1 Loss, Tops Revenue Estimates
Outbrain Inc. reported a quarterly loss of $0.10 per share, which is better than the Zacks Consensus Estimate of a loss of $0.14. The companys revenues for the quarter ended March 2024 were $52.15 million, surpassing the Zacks Consensus Estimate by 1.27%. Despite underperforming the market so far this year, the companys shares are expected to outperform the market in the near future due to favorable earnings outlook. The companys future performance will largely depend on managements commentary on the earnings call.
CustomersPublic Trading
Outbrain Announces First Quarter 2024 Results
Outbrain Inc., a leading technology platform, announced its Q1 2024 financial results. The company achieved its Q1 guidance, improved margins and profitability, and generated positive cash flow. Revenue for the quarter was $217.0 million, a decrease of 6% compared to $231.8 million in the prior year period. Gross profit increased to $41.6 million, compared to $41.2 million in the prior year period. The company also announced a partnership with Scope3 to launch OnyxGreen, providing buyers with access to curated Onyx PMP deals which reduce carbon emissions by up to 30%.
CustomersPartners
Outbrain (OB) Shows Fast-paced Momentum But Is Still a Bargain Stock
Outbrain Inc. (OB) is highlighted as a promising investment opportunity due to its recent price momentum and favorable valuation. The companys stock has seen a price change of 7.5% over the past four weeks and gained 5.2% over the past 12 weeks. The stocks beta of 1.37 indicates that it moves 37% higher than the market in either direction. Outbrain also has a Momentum Score of A and a Zacks Rank #2 (Buy), indicating strong momentum and potential for success. The companys stock is currently trading at 0.23 times its sales, suggesting it is undervalued.
Investment
Outbrain to Release First Quarter 2024 Financial Results on May 9, 2024
Outbrain Inc. has announced that it will release its first quarter 2024 results before the market opens on Thursday, May 9, 2024. This will be followed by a conference call to discuss the companys results and business outlook. The call can be accessed live over the phone or via a simultaneous webcast on the Investor Relations section of the Companys website. A replay will be available until May 23, 2024.
Public Trading
Owning 35% shares,institutional owners seem interested in Outbrain Inc. (NASDAQ:OB),
Institutional investors hold a significant stake in Outbrain Inc., with 35% of the companys shares held by institutions. This suggests a level of credibility and confidence in the companys future. Hedge funds control 9.6% of Outbrain shares, with Viola Ventures being the largest shareholder with 13% of shares. The companys CEO, David Kostman, holds 1.0% of the shares. Insider ownership is also notable, with insiders owning shares worth US$26m. Private equity firms hold 13% ownership, while the general public holds a 22% stake.
InvestmentManagement Changes
Mighty Micro-Cap Stocks: 7 Tiny Companies Packing Enormous Potential
The article discusses the potential of seven micro-cap stocks, which are public companies with a market value of less than $300 million. These include D-Wave Quantum, Telos, Mayville Engineering, Outbrain, PHX Minerals, SoundThinking, and Xos. The author highlights the high volatility of these stocks, which can lead to significant gains or losses. Despite financial challenges, these companies are expected to see revenue growth in the coming years. For instance, D-Wave Quantums revenue is expected to reach $22.15 million in fiscal 2024, a 153% increase from the previous year. The author advises investors to consider these stocks due to their potential for high returns.
Investment
Outbrain Inc. (NASDAQ:OB) Q4 2023 Earnings Call Transcript
Outbrain Inc. reported Q4 2023 earnings in line with expectations, with an EPS of $0.09. The companys Co-Founder and Co-CEO, Yaron Galai, will be stepping down from his role. The company is looking at 2024 as a year of return to growth, expecting margin expansion and investment in new growth areas. Outbrain plans to expand in three strategic growth pillars: growing its share of ad grid advertisers, expanding its supply footprint to reach consumers across the Open Internet, and growing its premium publisher partnerships. The company also announced a share repurchase program.
Management Changes
What Does Outbrain Inc.'s (NASDAQ:OB) Share Price Indicate?
Outbrain Inc., a small-cap stock, has seen significant share price movement in recent months. Despite this volatility, the companys price-to-earnings ratio of 16.85x is below the industry average of 22.77x, suggesting that the stock is undervalued. Outbrains earnings are expected to grow in the teens in the coming years, indicating a strong future. This growth is not yet fully reflected in the share price, making it a potentially good time for investors to buy. However, other factors such as the companys capital structure should also be considered before making an investment decision.
Outbrain Full Year 2023 Earnings: EPS Misses Expectations
Outbrain has reported its full year 2023 results, with a revenue of US$935.8m, down 5.7% from FY 2022. The companys net income was US$10.2m, up from a loss of US$24.6m in FY 2022. The profit margin was 1.1%, up from a net loss in FY 2022. However, the companys EPS missed analyst estimates by 22%. Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years. The companys shares are down 16% from a week ago.
Public Trading
Q4 2023 Outbrain Inc Earnings Call
Outbrain Inc held its fourth quarter and full year 2023 earnings conference call, during which it outlined its long-term vision and strategic investment areas. The company is looking at 2024 as a year of return to growth, with plans to expand in three strategic growth pillars: growing its share of wallet with advertisers, expanding its supply footprint to reach consumers across the entirety of the open Internet, and growing its premium publisher partnerships. The company also announced that co-CEO Yaron Galai will be stepping down from his role, with David Kostman taking over as sole CEO. Outbrain expects to achieve EBITDA growth of 10% to 15% and an EBITDA margin of at least 20% in 2025.
Management Changes
Outbrain Announces Fourth Quarter 2023 Results
Outbrain Inc., a leading technology platform, has announced its financial results for the quarter and full year ended December 31, 2023. The company reported strong growth in Ex-TAC gross profit, Adjusted EBITDA and free cash flow. Outbrain also announced that David Kostman will assume the role of sole CEO, with Yaron Galai stepping down from his role as co-CEO but continuing as Chairman of the Board and advisor to the company. The company expects to return to growth in 2024, with plans for double digit growth in Ex-TAC gross profit and 20%+ Adjusted EBITDA margin in 2025.
Management Changes
Outbrain Inc. (OB) Matches Q4 Earnings Estimates
Outbrain Inc. reported its quarterly earnings at $0.09 per share, in line with the Zacks Consensus Estimate, compared to a loss of $0.14 per share a year ago. The company, which belongs to the Zacks Technology Services industry, posted revenues of $63.8 million for the quarter ended December 2023, surpassing the Zacks Consensus Estimate by 3.02%. This compares to year-ago revenues of $59.24 million. However, Outbrains shares have lost about 10.7% since the beginning of the year, underperforming the market. The companys future performance will depend on managements commentary on the earnings call and the companys earnings outlook.
CustomersPublic Trading
Outbrain (OB) Q4 2023 Earnings Call Transcript
Outbrain, a leading recommendation platform for the open web, held its Q4 2023 earnings call on February 29, 2024. The company discussed its financial results, forward-looking statements, and strategic investment areas. Outbrains co-founder and co-CEO, Yaron Galai, announced he would be stepping down from his role, with David Kostman continuing as CEO. The company is looking at 2024 as a year of return to growth, expecting margin expansion and investment in new growth areas. Outbrain also provided a high-level outlook for 2025, expecting to achieve Ex-TAC growth of 10% to 15% and an EBITDA margin of at least 20%.
Management Changes
Outbrain Announces David Kostman as Sole CEO with Yaron Galai Remaining as Chairman and Advisor
Outbrain Inc., a leading technology platform, announced that David Kostman will assume the role of sole CEO of the company. The company’s co-Founder and co-CEO, Yaron Galai, will step down from his role as co-CEO, effective April 1, 2024. Galai will remain the Chairman of the Board and will serve in an advisor role until the end of 2024. The company is confident in its strategic direction and the growth of new offerings such as Onyx and Keystone.
Management Changes
Outbrain Inc (OB) Reports Mixed Results Amidst Leadership Changes and Market Challenges
Outbrain Inc, a leading technology platform, has reported mixed financial results for Q4 and the full year of 2023. Despite a year-over-year decrease in revenue, the company achieved an 11% increase in Q4 gross profit and a notable turnaround in net income. However, the full-year figures show a 6% decrease in revenue and a 4% decrease in gross profit. The company also announced a leadership transition, with David Kostman assuming the role of sole CEO as Yaron Galai steps down from his co-CEO role but continues as Chairman of the Board and advisor to the company.
Management Changes
Yaron Galai stepping down as Outbrain CEO after 17 years amid disappointing financial results | CTech
Outbrain, an internet recommendation platform, has reported disappointing financial results, with a drop in revenues and weakness in the bottom line. The company also announced the retirement of co-CEO Yaron Galai, who will transition to the position of Chairman of the Board and advisor to the company. David Kostman, who has served as co-CEO alongside Galai since 2017, will assume the role of sole CEO. Since its IPO in 2021, Outbrain has struggled to achieve significant revenue growth. Its annual revenues decreased by 6% to $935.8 million, with a 4% decrease in gross profit. The companys market cap dropped under $190 million.
Management ChangesPublic Trading
Outbrain to Release Fourth Quarter and Full Year 2023 Financial Results on February 29, 2024
Outbrain Inc. has announced it will release its fourth quarter and full year 2023 results before the market opens on Thursday, February 29, 2024. A conference call will follow to discuss the company’s results and business outlook. The call can be accessed live over the phone or via a simultaneous webcast on the Investor Relations section of the Company’s website. A replay will be available two hours after the call and will be accessible until March 14, 2024.
Outbrain Inc. (NASDAQ:OB) Q3 2023 Earnings Call Transcript
Outbrain Inc. reported its Q3 2023 earnings, beating expectations with a reported EPS of $0.01, where expectations were $-0.03. The companys Co-Founder and Co-CEO, Yaron Galai; Co-CEO, David Kostman; and CFO, Jason Kiviat, discussed the companys financial results and business trends. Despite the ongoing situation in the Middle East, the company has continued to execute on its business priorities and deliver on its commitments to its customers. The company also highlighted its investments in AI and automation capabilities, and its new brand building platform, Onyx.
CustomersPartnersManagement Changes
Outbrain Inc (OB) Announces 8% YoY Growth in Ex-TAC Gross Profit for Q3 2023
Outbrain Inc reported an 8% YoY increase in Ex-TAC gross profit for Q3 2023, with revenue standing at $230.0 million, a slight increase from the prior year. The company generated a positive free cash flow and significantly exceeded its Adjusted EBITDA guidance. The net income for Q3 2023 was $0.5 million, compared to a net loss of $4.6 million in the prior year. The company remains focused on its strategic initiatives and potential growth drivers as it looks into 2024 and beyond, with excitement about the growing number of publishers and advertisers adopting its new offerings, Keystone and Onyx.
Customers
Outbrain Announces Third Quarter 2023 Results
Outbrain Inc., a leading technology platform, announced its financial results for Q3 2023. The company reported a year over year growth of 8% in its Ex-TAC gross profit, finishing Q3 within the range of its guidance. The company also reported an increase in the number of publishers and advertisers adopting its new offerings, Keystone and Onyx. For Q4 2023, the company expects an Ex-TAC gross profit of $59 million to $64 million and an Adjusted EBITDA of $13 million to $17 million.
CustomersInvestment
Outbrain (OB) Q3 2023 Earnings Call Transcript
אחרי הפיטורים, ולראשונה מאז ההנפקה: אאוטבריין עברה לרווח
Israeli content recommendation company Outbrain reported a GAAP profit for the first time since its IPO. The company earned about half a million dollars in the third quarter of this year, compared to a loss of 4.5 million dollars in the same quarter last year. Outbrain also saved 5 million dollars in sales and marketing expenses in the third quarter, compared to the same period last year. However, revenues were 10 million less than expected.
Layoffs
Nov Inc. (NOV) Lags Q3 Earnings Estimates
Nov Inc. reported quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.35 per share. This is a decrease from earnings of $0.08 per share a year ago. The company, which belongs to the Zacks Technology Services industry, posted revenues of $2.19 billion for the quarter ended September 2023, surpassing the Zacks Consensus Estimate by 2.56%. This compares to year-ago revenues of $1.89 billion. Nov Inc. shares have lost about 6.9% since the beginning of the year.
InvestmentPublic Trading
Outbrain to Release Third Quarter 2023 Financial Results on November 7, 2023
Outbrain Inc. has announced that it will release its third quarter 2023 results before the market opens on Tuesday, November 7, 2023. This will be followed by a conference call to discuss the company’s results and business outlook. The conference call can be accessed live over the phone and a replay will be available two hours after the call. Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the Investor Relations section of the Company’s website.
Public Trading
Outbrain Inc. (NASDAQ:OB) is definitely on the radar of institutional investors who own 34% of the company
Outbrain Inc. is largely controlled by institutions, with 34% ownership, and insiders, with 13% ownership. The top 8 shareholders hold 52% of the business. The largest shareholder is Viola Ventures with 12% of shares, followed by The Baupost Group, L.L.C. and Chairman of the Board Yaron Galai. The company also has 25% public ownership and 12% private equity ownership. The companys stock price may be influenced by these institutional investors trading decisions.
Investment
Outbrain and DoubleVerify Partner to Enhance Onyx Campaigns for Brand Advertisers
Outbrain Inc. and DoubleVerify have announced a strategic partnership to integrate DoubleVerify’s brand safety floor, fraud avoidance, and viewability measurement into every Onyx by Outbrain campaign. The partnership aims to deliver a unique value proposition for enterprise brands looking to drive attention and impact in brand-suitable environments across the open web. Onyx customers can now control and curate high-attention inventory based on DoubleVerify’s brand safety and suitability data across Outbrain’s premium publisher partners.
Partners
Outbrain Accelerates Sustainability and Decarbonization Efforts Through Cedara Partnership and Launch of AI Smart-Throttling Tool
Outbrain Inc., a technology platform for the open web, has announced a strategic partnership with Cedara, a carbon intelligence platform, to support Outbrain and its customers sustainability and decarbonization efforts. The partnership will allow Outbrain to share in-depth emissions measurements with its advertiser partners. In addition, Outbrain has launched its Smart-Throttling tool, a response prediction model that uses machine learning to predict and recommend the most valuable requests for its Demand-Side-Platform (DSP) partners. The tool has been deployed on 80% of Outbrains traffic and has successfully reduced the number of requests while maintaining revenue expectations for its premium publisher partners.
PartnersExpand
Outbrain (OB) Q2 2023 Earnings Call Transcript
Outbrains co-founder and CEO, Yaron Galai, co-CEO, David Kostman, and CFO, Jason Kiviat, held a conference call to discuss the companys second-quarter 2023 results. No specific details about the results were provided in the text.
Outbrain Inc. (OB) Reports Q2 Loss, Tops Revenue Estimates
Outbrain Inc. reported a quarterly loss of $0.08 per share, which is better than the Zacks Consensus Estimate of a loss of $0.12. This is also an improvement from the loss of $0.19 per share a year ago. The company, which is part of the Zacks Technology Services industry, posted revenues of $54.58 million for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 2.39%. This is a decrease from the year-ago revenues of $59.33 million. The companys shares have added about 42.5% since the beginning of the year. The future performance of the stock will depend on the companys earnings outlook and the industrys outlook.
Public Trading
Outbrain Announces Second Quarter 2023 Results
Outbrain (NASDAQ:OB) investors are sitting on a loss of 12% if they invested a year ago
Outbrain Inc.s share price has seen a 38% increase in the last three months, however, this does not change the fact that the company has underperformed in the last year with a 12% drop in its stock. The companys revenue also fell by 6.9% in the last year. The lack of profits and revenue growth has led to this decline in share price. Despite the recent rebound in the last three months, shareholders are concerned about future declines.
Customers
Outbrain to Release Second Quarter 2023 Financial Results on August 8, 2023
Outbrain Inc. has announced that it will release its second quarter 2023 results before the market opens on Tuesday, August 8, 2023. This will be followed by a conference call to discuss the company’s results and business outlook. The call can be accessed live over the phone or via a simultaneous webcast on the Investor Relations section of the Company’s website. A replay will be available two hours after the call and will be available until August 22, 2023.
Public Trading
Here Is Why Bargain Hunters Would Love Fast-paced Mover Outbrain Inc. (OB)
The article discusses the concept of momentum investing and highlights Outbrain Inc. (OB) as a stock that passes the Fast-Paced Momentum at a Bargain screen. The stock has shown a price change of 9.4% over the past four weeks and a gain of 16.4% over the past 12 weeks. It has a fast-paced momentum with a beta of 1.6, indicating that it moves 60% higher than the market in either direction. The stock has a favorable Momentum Score and an upward trend in earnings estimate revisions, earning a Zacks Rank #2 (Buy). Despite its momentum features, OB is trading at a reasonable valuation with a Price-to-Sales ratio of 0.26. The article suggests that OB has room to run and is a good investment option.
Investment
Outbrain Launches “Onyx” – a New Branding Platform Built to Maximize Attention
Outbrain Inc. has announced the launch of Onyx by Outbrain, a new branding platform designed to maximize the business impact of awareness and consideration campaigns. Onyx runs exclusively within dedicated, in-article environments across Outbrains premium publisher partners. The platform leverages Outbrains AI prediction technology to deliver custom large ad formats that drive high attention from contextual Pre-Roll Video and High-Impact Display experiences. Initial launch partners include Ford via Xaxis and other brands across various industries. Onyx aims to increase campaign effectiveness and return on ad spend for enterprise brands and agencies. The platform is now available in select markets and will be launched in other markets later this year.
PartnersCustomers
Fast-paced Momentum Stock Outbrain Inc. (OB) Is Still Trading at a Bargain
The article discusses the potential of Outbrain Inc. (OB) as a great candidate for momentum investing. It highlights the recent price momentum and positive returns of the stock, as well as its fast-paced momentum with a beta of 1.6. The article also mentions that OB has a favorable Momentum Score and an upward trend in earnings estimate revisions, earning a Zacks Rank #2 (Buy). Additionally, OB is trading at a reasonable valuation with a low Price-to-Sales ratio. The article suggests that OB has room to grow and recommends considering other stocks that pass through the Fast-Paced Momentum at a Bargain screen.
Customers
Outbrain ousts 10% of workforce in second round of layoffs | CTech
Outbrain, an Israeli-founded company, is laying off around 90 employees, accounting for 10% of its total workforce. The companys market cap has decreased from $1.12 billion to $236 million since its IPO two years ago. Outbrain recorded a net loss of $5.6 million in the first quarter of 2023. The layoffs are part of the companys efforts to streamline operations and continue investing in growth.
Layoffs
Why Fast-paced Mover Outbrain Inc. (OB) Is a Great Choice for Value Investors
The article discusses the concept of momentum investing and highlights Outbrain Inc. (OB) as a great candidate for this investment strategy. It mentions that OB has shown recent price momentum and positive returns over the past 12 weeks. The stock has a fast-paced momentum with a beta of 1.59, indicating that it moves higher than the market in either direction. OB also has a favorable Momentum Score and a Zacks Rank #2 (Buy) due to an upward trend in earnings estimate revisions. Despite its momentum features, OB is trading at a reasonable valuation with a low Price-to-Sales ratio. The article suggests that OB has room to grow and recommends considering other stocks that pass the Fast-Paced Momentum at a Bargain screen.
Customers
Q1 2023 Outbrain Inc Earnings Call
Outbrain Inc. held its Q1 2023 earnings conference call, during which it reported exceeding its guidance with a gross profit of $52.2 million and positive adjusted EBITDA of $0.7 million. The company also announced several organizational changes, including the appointment of Andraz Tori, former Founder and CTO of Zemanta, as Chief Product Officer. Outbrain also reported signing several new deals with premium publishers, including Fortune, Entrepreneur, and CoinDesk, and renewing multiyear deals with The Washington Post and others. The company is focusing on driving growth and better performance in its current marketplace and expanding its addressable market.
Management Changes
Outbrain Inc. (OB) Reports Q1 Loss, Lags Revenue Estimates
Outbrain Inc. reported a quarterly loss of $0.09 per share, beating the Zacks Consensus Estimate. However, the companys revenues of $52.2 million for the quarter missed expectations. The stock has underperformed the market so far this year. The companys earnings outlook is mixed, resulting in a Zacks Rank #3 (Hold). The industry outlook for Technology Services is positive. AppHarvest, Inc., a competitor in the same industry, is yet to report its results.
InvestmentCustomers
Outbrain Announces First Quarter 2023 Results
Outbrain (OB) Q1 2023 Earnings Call Transcript
Outbrain Announces Senior Leadership Appointments
Outbrain Inc. has announced key promotions to scale global operations and expand its offerings for brands, advertisers, and publishers. The company has appointed new executives to oversee brand solutions, global publishers, revenue operations, corporate development and strategy, programmatic and partnerships, and global performance and growth revenue. These appointments are part of Outbrains plan to align its business model with the evolving needs of its customers and seize new opportunities for growth. In addition, the company has appointed a new Managing Director for the APAC region. The appointments aim to maximize brand impact for advertisers, help publishers diversify revenue streams, and integrate emerging technologies to advance the industry.
Management ChangesExpand
Outbrain Bolsters Senior Team with Two C-Suite Appointments
Outbrain Inc., a leading recommendation platform for the open web, has announced the appointment of Yonatan Maman as Chief Technology Officer and Andraz Tori as its first Chief Product Officer. The newly-appointed executives will support Outbrain’s growth by building upon the company’s existing technologies and product offerings to align with the evolving needs of publishers, brands, and advertisers. Both Maman and Tori will report to David Kostman, Co-CEO, Outbrain. The companys Co-Founder, Chief Technology Officer, and General Manager, Israel, Ori Lahav, will transition his responsibilities and focus on cross-company strategic initiatives.
Management Changes
Outbrain Inc.'s (NASDAQ:OB) Low P/S No Reason For Excitement
Outbrain Inc.s price-to-sales (P/S) ratio of 0.2x may be sending bullish signals at the moment, given that almost half of all the Interactive Media and Services companies in the United States have P/S ratios greater than 1.6x. However, Outbrain hasnt been tracking well recently as its declining revenue compares poorly to other companies. The companys future growth is also expected to be weaker than the industry average. As a result, most investors are only willing to pay a reduced amount for the stock.
Customers
Outbrain to Release First Quarter 2023 Financial Results on May 9, 2023
Outbrain announces partial repurchase of 2.95% Convertible Senior Notes due 2026
Outbrain Inc., a leading recommendation platform for the open web, has repurchased $118 million of its 2.95% Convertible Senior Notes due 2026 from Baupost Group Securities, L.L.C. The company paid approximately $96 million in cash, representing a 19% discount to par value. As a result, Outbrain will record a pre-tax gain of approximately $22 million in the second quarter of 2023. Following the repurchase, $118 million principal amount of the Convertible Notes will remain outstanding.
Investment
Outbrain Issues Statement Regarding the Events Surrounding Silicon Valley Bank
Outbrain Inc. (NASDAQ:OB) Just Released Its Full-Year Earnings: Here's What Analysts Think
Outbrain (OB) Q4 2022 Earnings Call Transcript
Q4 2022 Outbrain Inc Earnings Call
Outbrain Inc. (OB) Reports Q4 Loss, Tops Revenue Estimates
Outbrain Announces Fourth Quarter and Full Year 2022 Results
Institutional owners may consider drastic measures as Outbrain Inc.'s (NASDAQ:OB) recent US$37m drop adds to long-term losses
Outbrain Adds Technology Executive Nithya B. Das to Board of Directors
Outbrain Inc. announces the addition of Nithya B. Das to its Board of Directors. Das brings strong experience in ad tech, software, and operations. She previously served as the Chief Operating Officer and Chief Legal Officer at Olo and held positions at AppNexus and Goodwin Procter LLP. Das will be stepping down from her position at Olo effective March 31, 2023. Outbrain looks forward to leveraging Dass industry expertise and operational experience as a public company. The company aims to continue innovating for publishers and advertisers with a focus on operational discipline.
Management Changes
Outbrain to Release Fourth Quarter and Full Year 2022 Financial Results on March 2, 2023
Outbrain to oust 38 employees after losing 75% of its market cap in a year CTech
Outbrain, an Israeli company known for its recommendation platform, is laying off 38 employees, which accounts for around 3% of its workforce. The companys market cap has dropped by approximately 75% since its IPO in July of the previous year, and its current valuation is around $310 million. Outbrain had planned to raise $200 million at a $1.4 billion valuation in its IPO but had to settle for a lower valuation. Earlier in the month, the company secured $200 million in funding from The Baupost Group. Outbrain aims to end the year with an EBITDA of $50-60 million.
Layoffs
Outbrain Expands Partnership with Microsoft to Improve Business Outcomes for Media Owners & Advertisers
Outbrain Inc. has announced the expansion of its global partnership with Microsoft, utilizing Microsoft Azure. The partnership aims to enable the fast-paced innovation of Outbrains media platform and improve connectivity between advertisers and publishers. Outbrains platform serves one billion consumers worldwide and generates over ten billion recommendations and ads daily. The partnership with Microsoft will support Outbrains continuous innovation and enhance its data with a rich set of tools and services. The expansion of the partnership is expected to drive innovation and deepen the relationship between the two companies.
Partners
Outbrain Expands Partnership with Japan's Sankei Digital in Multiyear Deal
Outbrain Inc. has announced its expanded partnership with Sankei Digital, one of the largest digital publishers in Japan. Sankei will replace its existing vendor and implement Outbrain’s technology into its major news site, Sankei News, and sports site, Sanspo. The partnership represents an expansion of scope and a commitment to the long-term growth of Sankei Digital in Japan.
Partners
אאוטבריין היא המניה הנבחרת של בנק ההשקעות נידהאם לשנת 2022
Investment bank Needham has given a buy recommendation for the stock of Israeli content recommendation company Outbrain, setting a target price of $25, a 77% increase from its current NASDAQ trading price. Outbrain, which recommends internet content to users and helps advertisers reach a global audience of about a billion users, was listed as Needhams top pick for 2022 out of 27 companies in the internet, entertainment, and consumer sectors. The analysts cited several reasons for their choice, including Outbrains partnership with 4,000 customers, its low churn rate, and its competitive pricing.
InvestmentPublic Trading
Outbrain acquires video intelligence AG for $55 million, first purchase since Nasdaq IPO
Israeli company Outbrain is acquiring video intelligence AG (vi), a Swiss-based contextual video technology platform. The acquisition will enable Outbrain to integrate vis technology to enhance user engagement and monetization for media owners. The purchase price is approximately $55 million, funded by cash and Outbrain shares. The transaction is expected to close in Q1 2022. Outbrain went public at a valuation of $1.12 billion but has seen its market cap drop to around $800 million. The acquisition aligns with Outbrains strategy of providing technology solutions to media owners and expanding its addressable market.
PartnersAcquisition
Outbrain Announces Third Quarter 2021 Results
Outbrain Inc., a leading recommendation platform for the open web, announced its financial results for Q3 2021. The company reported a 34% YoY increase in revenue to $251 million and a gross profit growth of 44%. The companys Ex-TAC gross profit and Adjusted EBITDA were above guidance, leading to an increase in the full-year outlook. The company also raised $360 million in Q3 2021, including $200 million from the sale of private notes and $160 million from its IPO in July.
InvestmentPublic Trading
Outbrain Partners with Grupo Abril, Reinforcing Leadership in Recommendation Market
Outbrain announces a strategic partnership with Grupo Abril, one of Brazil’s premium media groups. The partnership will allow Grupo Abril to enhance its digital strategy and revenue diversification using Outbrains technology. Outbrains content recommendation platform will be utilized across 18 of Grupo Abrils websites, reaching 47 million unique monthly users. The partnership aims to optimize user engagement and revenue for Grupo Abril. Outbrain solidifies its position as a trusted partner for premium open-web publishers in the region through this partnership. The technology enables 10 billion daily recommendations to consumers across more than 7,000 online properties.
Partners
Outbrain Announces Second Quarter 2021 Earnings Results
Outbrain Inc., a leading recommendation platform for the open web, has announced its financial results for Q2 2021, reporting a 57% increase in revenue to $247 million. The company also reported a net income of $15.2 million and an adjusted EBITDA of $24.6 million. The announcement comes after the companys IPO in July 2021. The company also raised $160 million in gross proceeds from its IPO and completed the sale of $200 million aggregate principal amount of senior subordinated secured notes due July 1, 2026.
Public TradingInvestment
Outbrain raises $160M in IPO at $1.25B valuation for news link recommendations
Outbrain, a company that provides recommended web links at the bottom of news stories, raised $160 million in its IPO at a valuation of $1.25 billion. The company sold 8 million shares of common stock on Nasdaq. Outbrain is known for its widget at the bottom of news stories that recommends other links for users to click on. The company has been profitable for a couple of years and has seen growth in engagement and revenue. Outbrain aims to make its recommendations even smarter in the future. The IPO was supported by joint bookrunners Citigroup, Jefferies, Barclays, and Evercore ISI.
Public Trading
Outbrain Expands Partnership with Maariv-Jerusalem Post Group
Outbrain has signed an extension of its partnership agreement with the Maariv-Jerusalem Post Group for an additional five years. The partnership includes several websites. Outbrain will implement new innovative products as part of the agreement. This partnership expansion follows a series of notable agreements signed by Outbrain in the Israeli market. The CEO of Maariv expressed excitement about the partnership and the implementation of technological innovation. The Co-CEO of Outbrain highlighted the significant expansion of their operations in the region. Outbrain is a leading recommendation platform for the open web, connecting advertisers with audiences and enabling online consumers to discover new things.
Partners
Outbrain sets terms for Nasdaq IPO
Israeli content recommendation company Outbrain has set the terms for its IPO on Nasdaq. The company will issue eight million shares at $24-$26 per share, aiming to raise $192-$208 million. Preliminary results for the second quarter of 2021 showed a major jump in net profit. The IPO will be at a company valuation of between $1.3 billion and $1.4 billion, slightly lower than previously expected. Outbrain recently raised $200 million from Baupost. Other shareholders include Lightspeed, Viola, Gemini, Index Ventures, Gruner + Jahr, and the co-CEOs. The underwriters for the IPO are CitiGroup, Jefferies, Barclays, JMP Securities, Evercore Group, Needham, and LUMA Securities.
Public Trading
Outbrain announces $200 million investment from The Baupost Group
Israeli company Outbrain has secured $200 million in funding from The Baupost Group. The investment comes after Outbrains prospectus for its first Nasdaq offering was published. The companys performance showed a growth rate of 29% in Q1 2021 and revenue of $228 million. Outbrain posted a bottom-line profit of $10.7 million in Q1 2021. The company ended 2020 with revenue of $767.1 million and an operating profit of $10 million. Outbrain currently employs about 1,000 people and has major shareholders including Viola, Lightspeed, and Gemini. The stock will be traded under the symbol OB.
Investment
Israeli co Outbrain files for Nasdaq IPO
Outbrain, an Israeli content recommendation company, has filed a prospectus for an IPO on Nasdaq. In Q1 2021, Outbrain reported revenue of $228 million and a net profit of $10.7 million. The companys valuation was not disclosed. Outbrain had previously agreed to merge with Taboola in 2019, but the deal fell through. Outbrains filing coincides with Taboolas trading debut on the NYSE with a valuation of $2.6 billion after completing its SPAC merger. Outbrains shareholders include Lightspeed, Viola, Gemini, Index Ventures, and Gruner + Jahr. The proposed IPO will be managed by Citigroup, Jefferies, Barclays, Evercore ISI, JMP Securities, Needham & Company, and LUMA Securities.
Public Trading
Israeli online content distribution company Outbrain closing in on Wall Street IPO
Outbrain Inc., an Israeli online content distribution company, has submitted a draft registration statement with the U.S. Securities and Exchange Commission for its proposed initial public offering (IPO). The IPO is expected to take place after the SEC completes its review process. Outbrain was previously set to merge with Taboola, another Israeli content company, but the deal fell through. Taboola has since announced a SPAC merger with ION Asset Management at a valuation of $2.6 billion. Outbrains valuation in its IPO is expected to be similar. The CEO of Outbrain expressed disappointment over the failed merger but emphasized the companys commitment to being a trustworthy partner for publishers and readers.
AcquisitionPublic Trading
שותפות המו"פ ביג-טק 50 השקיעה 1.5 מיליון דולר באאוטבריין
Big-Tech 50, a partnership listed on the Tel Aviv Stock Exchange, continues its strategy of investing in early-stage startups. The company recently announced investments in three new companies, each valued at over $1 billion, making them unicorns. The companies include OutBrain, Sisense, Trax, and Kenshoo. OutBrain, founded 15 years ago, received a $1.5 million investment. Trax, founded 10 years ago, received a $2 million investment. Kenshoo, founded 15 years ago, received a $2 million investment. Big-Tech 50 plans to create an index of the largest private technology companies in Israel and allow investment in them before they go public or are acquired by international giants.
Investment
Outbrain Chosen as Native Advertising Platform/Network of the Year at the Native Advertising Institute 2021 Awards
Outbrain has been selected as the Gold winner of the Native Advertising Platform/Network of the Year by the Native Advertising Institute. The companys growth and performance over the past year have been recognized, and it has contributed over $3 billion back into the publishing industry. Outbrains Click-to-Watch Video Smartad was patented for its design that prioritizes engagement. The company has also introduced new Smartads, such as Native Awareness+, Carousel, and Mobile App Install, to provide better advertising experiences outside of walled gardens. Outbrain aims to strengthen brand-consumer interaction and deliver the right content to the right audiences. The company operates in 55 countries and is headquartered in New York City.
Partners
ACM signs three-year deal with Outbrain - AdNews
Outbrain has signed a three-year partnership deal with Australian Community Media (ACM) to provide advertisers with inventory to connect with ACMs audience. The partnership will see Outbrains Smartfeed feature across all of ACMs newspapers and sites, helping publishers better monetize their content and allowing marketers to reach and engage relevant audiences. ACM has over 170 rural and regional newspapers and websites.
Partners
Exclusive: Israeli startup Outbrain eyes going public with $2 billion IPO
Outbrain, an Israeli online content-recommendation firm, is taking steps towards an initial public offering (IPO) with a target valuation of $2 billion. The company has hired investment banks Citi and Jefferies to assist with the process. Outbrains decision to go public comes after its merger with Taboola, its biggest competitor, fell apart. Outbrains sector has experienced significant growth, and the company is estimated to have reached approximately $1 billion in revenues this year. Taboola, on the other hand, is likely to go public through a merger with IONs special purpose acquisition company (SPAC). The IPO market has been heating up, and several Israeli companies have already gone public in recent months.
Public Trading
After merger with Taboola gets nixed, Outbrain CEO says it was like mixing oil and water
Outbrain co-founder and CEO Yaron Galai wrote a blog post explaining the break-up with Taboola, citing differences between the two companies. The merger deal between the Israeli content distribution companies fell through for financial reasons. Galai emphasized Outbrains commitment to being a trustworthy partner for publishers and rejecting fake news or harmful content. He discussed the companys policies during the Covid-19 outbreak and highlighted their financial performance and growth. The article does not mention any specific partners, customers, investment or acquisition amounts, layoffs, or the date of the event.
Partners
Taboola and Outbrain call off their $850M merger
Taboola and Outbrain, two online advertising startups, have called off their planned $850 million merger due to changing market conditions caused by COVID-19. The merger, which would have valued the combined company at over $2 billion, was in the works for years but faced obstacles including the impact of the pandemic on the ad-based media industry, financing difficulties, and regulatory investigations. The cancellation of the deal is considered a growth-negative impact on both companies. Taboola and Outbrain will now explore other opportunities for growth, including strategic acquisitions.
InvestmentAcquisition
U.K. anti-monopoly watchdog puts the brakes on Taboola-Outbrain merger
The U.K.s Competition and Markets Authority (CMA) has deferred approval of the merger between Taboola and Outbrain, two Israeli digital advertising platforms. The CMA will conduct an in-depth inquiry to determine if the merger will result in a substantial lessening of competition in the supply of content recommendation platform services to publishers in the U.K. The final decision is expected on December 23. Taboola is acquiring Outbrain, and the merger has already been cleared by the German competition authority and the U.S. Department of Justice. The main concern is the potential impact on publishers, as the merger may result in a single central company. The CMA is also examining Googles entry into the field. Taboola and Outbrain were both founded in 2006 and will operate under the Taboola brand after the merger.
AcquisitionPartners
U.S. Justice Department green lights Taboola-Outbrain merger
The merger between Taboola and Outbrain, two viral content distribution companies, has received approval from the U.S. Justice Department. Taboola will pay Outbrain shareholders $250 million and hold a 70% stake in the merged company. The merger is still subject to regulatory review in the UK. Taboola and Outbrain are both active in the content recommendation sector and were founded in Tel Aviv in 2006. The merger is seen as growth-positive for Taboola.
Acquisition
Taboola merges with Outbrain
Taboola will pay $250 million to Outbrain in a merger deal, with Outbrain receiving 30% of the merged company. Taboola founder and CEO Adam Singolda will serve as the CEO of the merged company, which will have 2,000 employees. Taboola and Outbrain, both content recommendation companies, had previously considered a merger in 2017 but were unable to reach an agreement. Taboola has raised $180 million in funding, with investors including Catalyst Fund, Fidelity, Pitango, Marker, and Eyal Gura. Outbrain, founded in 2006, has raised $150 million and reaches 1.2 billion users each month. Outbrain leads the Israeli market while Taboola has found success overseas.
Acquisition
Outbrain and Ligatus Join Forces to Form a Native Advertising Powerhouse
Outbrain buys Ligatus to expand in Europe
Outbrain, an Israeli content recommendation company, has announced its acquisition of Ligatus, a European content recommendation company. Ligatus is a fully owned subsidiary of Bertelsmann group company Gruner + Jahr. The acquisition will allow Outbrain to expand its native offering to marketers and strengthen its relationship with publisher partners. With the addition of Ligatus premium publisher network, Outbrain will have over 1,400 premium publishers in Europe. The acquisition is expected to close by the second quarter of 2019.
Acquisition
Outbrain Touts Israeli Eurovision Win as Proof of its Content Dissemination Mojo
Outbrain used its algorithm to promote Israeli contestant Netta Barzilai’s song Toy in the Eurovision song contest, reaching millions of Europeans. The company targeted relevant audiences and achieved significant views for the music video. Outbrain is growing, profitable, and looking for further acquisitions. It has acquired six companies to date, including ad optimization startup AdNgin. Outbrain is also scouting for technologies to expand its reach to new publishers and websites.
PartnersAcquisitionExpand
Outbrain, IDG Enter Strategic 2-Year Partnership
IDG, a technology publisher, has entered into a two-year partnership with content discovery platform Outbrain. The partnership allows IDG to apply Outbrains suite of Engage Solution tools to increase audience growth and engagement, as well as revenue across all digital platforms. Outbrain reaches 1 billion unique users and its personalized content recommendations extend across 80% of the worlds publishers. IDGs publishing director believes Outbrain offers innovative recirculation tools to increase traffic and monetize it in a customizable way. Outbrain previously announced a partnership with Telaria to apply video-based elements to their platforms.
Partners
Outbrain Acquires AdNgin to Further Enhance the Reader Experience
Outbrain, the world’s leading native advertising platform, has acquired AdNgin, a UI optimization company, to enhance the reader experience. This acquisition is Outbrain’s sixth to date and is expected to drive growth for the company. AdNgin focuses on personalization and optimizing the reader experience based on visual preferences. By combining their technologies, publishers can expect higher revenue per mille (RPM), marketers can expect higher clickthrough rates (CTR), and readers can expect better overall content interactions. The acquisition was sealed after a successful six-month pilot that showed consistent double-digit CTR lifts. Outbrain plans to focus on personalization and the entire personalized journey with this acquisition. Amnon Lahav, Co-Founder of AdNgin, will join Outbrain as the new Head of UI Optimization.
Acquisition
Homegrown Content Distribution Company Boosted Israeli Winner Ahead of Eurovision Final
Content distribution company Outbrain partnered with Israels national broadcaster Kan to promote Netta Barzilais song Toy ahead of her win at the Eurovision song contest. The campaign prompted millions of Europeans to watch the songs video on various websites. Outbrain, founded in Israel and headquartered in New York, provides a content promotion service to online advertisers and is regarded as an industry leader. The campaign ran in five European countries and targeted between one and four million people in each country. France and Spain, the two target markets with the highest reach, awarded the Israeli contestant the highest score. The campaign also served as a launch for Outbrains new product called Focus.
Customers
Outbrain Launches Content-Sharing Platform 'Sphere' to Take a Bite Out of Facebook's Pie
Outbrain has launched Sphere, a new publisher-to-publisher content recommendation and audience network. The platform has already attracted publishers such as CNN, Meredith, Fox, Penske, and Getty as founding partners. The move comes as media publishers criticize Facebooks content-sharing policies and algorithm changes. Outbrain aims to focus on high-quality, trustworthy editorial content from the best publishers in the world. The company believes that peoples trust is the most powerful long-term driver of publishers business. Sphere will allow publishers to offer their users a superior news feed. Currently, Sphere is only available in the U.S.
PartnersCustomers
Penske Media Expands Partnership with Outbrain
Outbrain appoints David Kostman as co-CEO
Israeli content recommendation company Outbrain has announced that David Kostman is joining the company as Co-CEO. Kostman will share management responsibility with cofounder and CEO Yaron Galai. This move is seen as a growth-positive impact on the company. The key theme of the article is the management changes at Outbrain. The article does not mention any specific customers, partners, investment or acquisition amounts, layoffs, or the date of the event. The confidence level of this answer is 8.
Management Changes
Outbrain buys Slovenian adtech co Zemanta
Outbrain Expands Mobile App Offering
Outbrain, the premium discovery platform, has expanded its mobile app offering to marketers globally. By partnering with mobile attribution companies, Outbrain will provide mobile app marketers with a unified view of their app download analytics in a single dashboard. This allows marketers to reach new users at scale and measure and attribute mobile app downloads and performance. Outbrain has already seen success with partners such as Blinkist, Innogames, and Plarium. The rise in app spending is driven by better targeting capabilities, which allow advertisers to find and serve ads to valuable users. Outbrain aims to provide a viable alternative to Facebook and Twitter in the mobile app measurement space. The company plans to grow adoption by mobile app marketers and premium brands in the coming months.
CustomersPartnersInvestment
Outbrain to lay off 4% of workforce
Outbrain Inc., an Israeli company that provides Internet content recommendation, is laying off 4% of its workforce as part of its refocusing on automated media commerce. This move comes amidst instability in the digital advertising sector. Outbrain is experimenting with new ways of generating reader traffic and revenue, and its new focus on advertising through software is well-timed. The company expects this segment to be the fastest growing means for media purchases in 2017. Outbrain did not specify which activity it was abandoning, but it recently helped editors launch chatbots to increase reader involvement. Founded in 2006, Outbrain is a platform for discovering content.
Layoffs
Outbrain Expands Programmatic Access Via AppNexus - B&T
Research by Dining deal app EatClub reveals that Aussies are changing their dining habits in response to the rising cost of living. EatClub has released the results of its 2023 dining research, which shows that Australians are adjusting their dining habits due to financial pressures. The article does not mention any specific customers or partners. The event described in the article is the release of the dining research by EatClub. The confidence level is 8.
Customers
Report: Content recommendation companies Taboola and Outbrain are in advanced merger talks
Taboola and Outbrain, two content recommendations companies, are in advanced merger talks. If successful, the merged company will be valued at more than $1 billion. Both companies have raised substantial sums of venture capital and have been acquiring new tech. Taboola has raised $160 million and acquired ConvertMedia and Commerce Sciences. Outbrain has raised $194 million and acquired Revee. The merger reflects tougher times for adtech.
Acquisition
http://www.martechadvisor.com/news/content-marketing/outbrain-announces-updated-version-of-outbrain-for-chat-names-new-publisher-partners/
Content recommendation co Outbrain raises $45m
Outbrain, an Israeli content recommendation company, has raised $45 million in a new funding round. The CEO, Yaron Galai, announced the funding on the companys website and mentioned that he personally participated in the round. Outbrain plans to use the investment to continue leading in product innovation and acquisitions. The company was profitable in the first quarter, which is unusual for the industry. Outbrains biggest rival is Taboola, another Israeli company that raised $117 million last year. Outbrain has 11 offices worldwide and provides internet content and article recommendations. It was founded in 2006 and has raised close to $200 million in total funding.
InvestmentAcquisition
Outbrain acquires US content analytics co Revee
Outbrain, an Israeli content recommendation company, has acquired US content analytics company Revee. The financial details of the acquisition were not disclosed, but it is unlikely to have been substantial as Revee has only raised $1 million. Outbrain has launched Outbrain Automatic Yield, a content recommendation solution that allows publishers to monetize audiences with real-time understanding of each piece of content. Time Inc. is the first media partner to implement Outbrain Automatic Yield. The acquisition of Revee will provide Outbrain with the technology and data to track the value of all content in real-time, maximize revenue streams, and grow their audience.
PartnersCustomers
Outbrain readies for Nasdaq IPO with senior appointment
Outbrain, the Israeli content recommendation company, has appointed Ronen Koehler as head of staff in preparation for its planned IPO on Wall Street. Koehler, a former executive at Check Point Software Technologies, will be responsible for overall organizational matters and management support. Outbrain recently filed confidentially with the US Securities and Exchange Commission for an IPO at a company value of $1 billion. The company has raised $99 million to date and recently signed a $100 million contract with Time Media Group.
Management ChangesPublic Trading
Content Recommendation Service (And Rumored IPO Candidate) Outbrain Raises Another $35M
Outbrain has raised $35 million in new funding. The company provides content recommendation services and is installed on more than 100,000 sites. It serves 100 billion recommendations each month and includes sponsored content to generate revenue. There were reports of Outbrain preparing for an IPO. The funding may support any IPO plans and enable the company to continue scaling its business, building out mobile and self-serve products, and expanding into new markets. Outbrain has raised a total of $99 million. The latest funding round was led by HarbourVest Partners, with participation from other investors.
InvestmentPublic Trading